The US oil industry saw a boom in upstream deals in 2023, with nearly $200 billion worth of mergers and acquisitions. But the refining sector was left out of the …
energy transition
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As renewable energy gains momentum, oil companies are shedding costly assets and focusing on low-cost projects that can survive price swings. The oil industry is facing a year of big …
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Oil and gas giants are paying out more money than ever to shareholders, but that’s not enough to restore their appeal in a world shifting to cleaner energy sources. The …
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The US oil industry is facing a slowdown in production growth in 2024, according to a report by the US Energy Information Administration (EIA). The EIA predicts that US crude …
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Mining Indaba 2024 gears up to tackle justice in the energy transition, spotlighting Africa’s pivotal role in the global shift to cleaner energy.
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The global market for liquefied natural gas (LNG) is expected to remain tight until 2026, as demand outstrips supply amid the transition to cleaner energy sources, according to the Gas …
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The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2024, but it still falls short of OPEC’s expectations. The IEA, which advises industrialized countries on …
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South Africa is set to join the global shift towards cleaner energy sources with the development of its first liquefied natural gas (LNG) terminal at the Port of Richards Bay. …
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Priscillah Mabelane, EVP of Sasol’s energy business, has been appointed as the Chair of the NTCSA board, signalling Eskom’s progress in restructuring for a competitive energy sector.
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South Africa’s ambitious plan to boost its electricity supply and reduce its dependence on coal has suffered a major setback as the state-owned power utility Eskom announced that it will …